Pilot facility to support Company\u2019s global growth strategy for Thermoplastic Elastomers (TPE)<\/p>\n
Trinseo, a global material solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, announced today its plans for a Thermoplastic Elastomers (TPE) pilot facility in Hsinchu, Taiwan. The TPE pilot facility emphasizes Trinseo\u2019s growth strategy for TPEs globally and will serve customers in the Automotive, Consumer Electronics, Footwear and Medical markets. The pilot facility will be built at Trinseo\u2019s existing manufacturing site in Hsinchu and will begin operation in 2020.
\nThe investment in a state-of-the art TPE pilot facility in Asia Pacific is the next step of Trinseo\u2019s TPE growth roadmap following the acquisition of Italian-based API S.p.A, in July 2017. Once the new pilot line in Hsinchu is operational, Trinseo will locally produce its custom engineered TPE and thermoplastic urethanes (TPU), including its leading bioplastics portfolio.
\n\u201cThe pilot facility demonstrates our commitment to offer a differentiated, globally available TPE portfolio to our customers in the automotive, consumer electronics, footwear and medical markets,\u201d said Tim Stedman, Senior Vice President, Strategy and Corporate Development at Trinseo. \u201cThis investment in growth in the Asia Pacific region will further strengthen our ability to create growth synergies with customers between our rigid and soft-touch polymers.\u201d<\/p>\n
About Trinseo
\nTrinseo (NYSE:TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber. We are focused on delivering innovative and sustainable solutions to help our customers create products that touch lives every day \u2014 products that are intrinsic to how we live our lives \u2014 across a wide range of end-markets, including automotive, consumer electronics, appliances, medical devices, lighting, electrical, carpet, paper and board, building and construction, and tires. Trinseo had approximately $4.6 billion in net sales in 2018, with 16 manufacturing sites around the world, and approximately 2,500 employees. For more information visit www.trinseo.com.<\/p>\n","protected":false},"excerpt":{"rendered":"
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